Streetbeat News

CEG

Constellation Energy Corporation

Industry

Renewable Utilities

Constellation Energy Corporation generates and sells electricity in the United States. The company operates through five segments: Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions. It sells natural gas, renewable energy, and other energy-related products and services. The company has 32,400 megawatts of generating capacity consisting of nuclear, wind, solar, natural gas, and hydroelectric assets. It serves distribution utilities; municipalities; cooperatives; and commercial, industrial, governmental, and residential customers. The company was incorporated in 2021 and is headquartered in Baltimore, Maryland. Constellation Energy Corporation was formerly a subsidiary of Exelon Corporation.

Open

310.00

Mkt cap

89B

Volume

6.5M

High

310.46

P/E Ratio

23.92

52-wk high

352.00

Low

278.00

Div yield

0.00

52-wk low

132.93

Constellation Energy's Q4 2024 earnings surpassed estimates with an increase year over year, despite a decline in revenues. The company also saw a decrease in total operating expenses.

Portfolio Pulse from

February 19, 2025 | 1:30 pm

Constellation Energy exceeded Wall Street's profit expectations for the fourth quarter, driven by increased power demand from data centers and reduced expenses.

Portfolio Pulse from

February 18, 2025 | 2:15 pm

Constellation Energy Corporation (CEG) reported Q4 earnings of $2.44 per share, surpassing the Zacks Consensus Estimate of $2.19. This marks a significant improvement from a loss of $0.11 per share a year ago.

Portfolio Pulse from

February 18, 2025 | 2:15 pm

The market continued its upward momentum in January 2025, despite some volatility due to DeepSeek and tariffs. NVDA, part of the Mag 7 group, experienced a decline.

Portfolio Pulse from

February 13, 2025 | 11:45 pm

Constellation Energy Corporation (CEG) saw a slight increase in its stock price, closing at $313.80, despite a declining market.

Portfolio Pulse from

February 13, 2025 | 12:00 am

Constellation Energy is experiencing a surge in clean energy demand due to the expansion of AI infrastructure. This trend could positively impact the company's performance as it aligns with the growing need for sustainable energy solutions.

Portfolio Pulse from

February 12, 2025 | 4:45 pm

Wall Street analysts are optimistic about Constellation Energy Corporation (CEG), which may influence investor decisions and impact the stock's price.

Portfolio Pulse from

February 12, 2025 | 3:45 pm

Constellation Energy is investing heavily in nuclear and clean energy to drive future growth. Despite current cash flow challenges due to timing and planned investments, the company maintains a strong cash position and manageable debt, indicating no significant financial risk.

Portfolio Pulse from

February 10, 2025 | 12:00 pm

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